ManufacturingSemiconductorsTechnology

Applied Materials Implements Global Workforce Reduction Affecting Over 1,400 Positions

Semiconductor equipment giant Applied Materials has initiated layoffs affecting approximately 1,444 employees worldwide. The restructuring comes as the company faces revenue pressures from expanded U.S. export controls and seeks to build “high-velocity, high-productivity teams.”

Global Workforce Restructuring Initiative

Applied Materials, a leading supplier to the semiconductor industry, has reportedly begun notifying employees worldwide about a significant workforce reduction affecting approximately 4% of its global staff. According to company filings, the layoffs impact employees “across all levels and groups” and began implementation on Thursday.

ManufacturingSemiconductorsTechnology

Samsung’s 2nm GAA Breakthrough Signals Semiconductor Market Shift, SK hynix Executive Calls It ‘Critical Turning Point’

Samsung has reportedly commenced mass production of 2nm GAA wafers with yields targeting 70%. Company executives express strong confidence in the technology’s potential to reshape the semiconductor landscape, while SK hynix leadership describes it as a critical industry inflection point that could challenge TSMC’s market dominance.

Samsung’s 2nm GAA Technology Reaches Production Milestone

Samsung Electronics has reportedly begun mass production of 2nm Gate-All-Around (GAA) semiconductor wafers in late September, marking a significant advancement in the competitive foundry market. According to reports from the Chosun publication, the technology is initially being deployed for Samsung’s upcoming Exynos 2600 processor, with company executives expressing strong optimism about the node’s performance and yield improvements during recent high-level government meetings.

AISemiconductors

TSMC Reports Record Quarterly Profit as AI Demand Fuels Semiconductor Growth

TSMC has announced a record quarterly net profit of $15 billion, marking a nearly 40% increase attributed to booming artificial intelligence applications. The world’s largest semiconductor manufacturer continues expanding globally with significant U.S. investments amid ongoing trade considerations.

Record-Breaking Financial Performance

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor manufacturer, has reported a nearly 40% surge in net profit for the July-September quarter, according to recent financial disclosures. Sources indicate the company achieved a record net profit of 452.3 billion new Taiwan dollars ($15 billion), exceeding analyst expectations and demonstrating the powerful impact of artificial intelligence demand on the semiconductor industry.